Auxano Advisors, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 5, 2025), Auxano Advisors, LLC reported 162 stock positions worth $377.4 million. Its top holding was Microsoft (MSFT) at 11.8% of the portfolio, followed by Apple (AAPL, 8.5%) and Amazon.com (AMZN, 8.3%). Compared with Q4 2024, it opened 8 new positions, sold out of 8, added to 65 and reduced 78. The biggest buy was Sprott Physical Gold Trust (PHYS, shares +2%) and the biggest sale Tesla (TSLA, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- BELLEVUE, WA
- CIK
- 0001811491
- Portfolio Value
- $377.4M (Q1 2025)
- SEC Filing
- 0001085146-25-002590 ↗ filed May 5, 2025
Holdings Value
Holdings 162 stocks · $377.4M
| MSFT Microsoft Corp. | 11.77% | 118,285 | $44.4M | Add +1.7% |
| AAPL Apple Inc. | 8.49% | 144,189 | $32.0M | Reduce -2.3% |
| AMZN Amazon.com Inc. | 8.30% | 164,717 | $31.3M | Reduce -0.7% |
| COST Costco Wholesale Corp. | 7.09% | 28,280 | $26.7M | Reduce -0.7% |
| PHYS Sprott Physical Gold Trust | 6.51% | 1,020,612 | $24.6M | Add +1.9% |
| QLTY GMO U.S. Quality ETF | 4.47% | 539,828 | $16.9M | Add +10.7% |
| IWB iShares Russell 1000 ETF | 4.39% | 54,006 | $16.6M | Reduce -0.2% |
| IWY iShares Russell Top 200 Grow | 3.09% | 55,360 | $11.7M | Add +6.2% |
| TSLA Tesla Inc. | 2.20% | 32,018 | $8.3M | Reduce -2.1% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 2.00% | 148,631 | $7.6M | Add +0.7% |
| RPG Invesco S&P 500 Pure Growth | 1.88% | 185,843 | $7.1M | Reduce -1.1% |
| AVUS Avantis U.S. Equity ETF | 1.77% | 72,110 | $6.7M | Reduce -2.2% |
| SCHD Schwab US DVD Equity ETF | 1.35% | 182,657 | $5.1M | Reduce -0.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.35% | 9,108 | $5.1M | Reduce -1.5% |
| GOOGL Alphabet Inc. Class A | 1.34% | 32,594 | $5.0M | Reduce -0.1% |
| IVV iShares Core S&P 500 ETF | 1.16% | 7,759 | $4.4M | Reduce -0.6% |
| NVDA Nvidia Corp. | 1.15% | 39,891 | $4.3M | Reduce -0.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.08% | 23,616 | $4.1M | Reduce -0.1% |
| SGDM Sprott Gold Miners ETF | 1.04% | 103,364 | $3.9M | Reduce -2.1% |
| V Visa Inc. Class A | 0.94% | 10,124 | $3.5M | Reduce -1.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.87% | 6,185 | $3.3M | Reduce -0.7% |
| JPM JPMorgan Chase & Co. | 0.75% | 11,511 | $2.8M | Reduce -1.0% |
| SBUX Starbucks Corp. | 0.73% | 27,955 | $2.7M | Reduce -1.4% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.72% | 39,392 | $2.7M | Add +29.4% |
| JNJ Johnson & Johnson | 0.66% | 15,005 | $2.5M | Reduce -5.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.62% | 23,621 | $2.3M | Add +3.9% |
| HD Home Depot Inc. | 0.61% | 6,279 | $2.3M | Reduce -1.4% |
| META Meta Platforms Inc. Class A | 0.59% | 3,878 | $2.2M | Add +1.0% |
| COOP Mr Cooper Group Inc. | 0.58% | 18,370 | $2.2M | Reduce -7.9% |
| UL Unilever PLC | 0.53% | 33,516 | $2.0M | Add +8.7% |
| AIG American International Group | 0.49% | 21,128 | $1.8M | Add +8.3% |
| LLY Eli Lilly & Co. | 0.48% | 2,201 | $1.8M | Reduce -2.2% |
| RTX RTX Corp. | 0.46% | 13,049 | $1.7M | Reduce -35.2% |
| JPST JPMorgan Ultra-Short Income | 0.45% | 33,615 | $1.7M | Reduce -1.4% |
| XOM Exxon Mobil Corp. | 0.44% | 14,079 | $1.7M | Reduce -6.2% |
| ORCL Oracle Corp. | 0.44% | 11,869 | $1.7M | Reduce -8.2% |
| ADBE Adobe Inc. | 0.42% | 4,176 | $1.6M | Reduce -2.5% |
| XLK SS Technology Select Sector | 0.40% | 7,284 | $1.5M | Reduce -3.3% |
| IEMG iShares Core MSCI Emerging | 0.39% | 27,540 | $1.5M | Reduce -2.2% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.38% | 3,414 | $1.4M | No change |
| MDT Medtronic PLC | 0.38% | 15,765 | $1.4M | Add +23.8% |
| SHY iShares 1-3 Year Treasury Bo | 0.37% | 16,721 | $1.4M | Reduce -18.1% |
| GOOG Alphabet Inc. Class C | 0.36% | 8,788 | $1.4M | Reduce -0.4% |
| DFAU Dimensional US Core Equity M | 0.36% | 34,995 | $1.3M | Reduce -1.4% |
| MRK Merck & Co. Inc. | 0.33% | 13,985 | $1.3M | Reduce -3.4% |
| CNC Centene Corp. | 0.31% | 19,306 | $1.2M | Reduce -2.1% |
| TMUS T-Mobile US Inc. | 0.30% | 4,257 | $1.1M | Reduce -10.8% |
| PG The Procter & Gamble Co. | 0.30% | 6,601 | $1.1M | Reduce -8.5% |
| RRR Red Rock Resorts Inc. Class A | 0.29% | 25,332 | $1.1M | Add +8.6% |
| IAU iShares Gold Trust | 0.28% | 17,637 | $1.0M | Reduce -4.0% |
| GD General Dynamics Corp. | 0.27% | 3,720 | $1.0M | Add +5.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.26% | 23,542 | $982K | Reduce -0.3% |
| AVGO Broadcom Inc. | 0.26% | 5,826 | $976K | Add +9.7% |
| CSCO Cisco Systems Inc. | 0.26% | 15,674 | $967K | Reduce -8.7% |
| SSNC Ss&c Technologies Holdings | 0.26% | 11,569 | $966K | Add +2.0% |
| ABT Abbott Laboratories | 0.25% | 7,177 | $952K | Reduce -4.3% |
| WMT Walmart Inc. | 0.25% | 10,719 | $941K | Reduce -4.6% |
| VXUS Vanguard Total Intl Stock | 0.25% | 14,922 | $927K | Add +0.3% |
| MA Mastercard Inc. Class A | 0.24% | 1,680 | $921K | Reduce -1.1% |
| CVX Chevron Corp. | 0.24% | 5,383 | $901K | Reduce -0.1% |
| WCC Wesco International Inc. | 0.24% | 5,767 | $896K | Add +3.9% |
| RRX Regal Rexnord Corp. | 0.23% | 7,739 | $881K | Add +7.2% |
| NKE Nike Inc. Class B | 0.23% | 13,582 | $862K | Reduce -6.9% |
| UNP Union Pacific Corp. | 0.23% | 3,595 | $849K | Add +6.4% |
| ABBV Abbvie Inc. | 0.22% | 4,021 | $842K | Add +14.8% |
| KMX Carmax Inc. | 0.22% | 10,767 | $839K | Add +4.1% |
| IWS iShares Russell Mid-Cap Valu | 0.22% | 6,649 | $838K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.22% | 3,365 | $837K | Reduce -2.1% |
| ASML ASML Holding NV-NY Reg SHS | 0.22% | 1,251 | $829K | Add +47.7% |
| ACN Accenture PLC Class A | 0.22% | 2,615 | $816K | Reduce -5.3% |
| AMGN Amgen Inc. | 0.21% | 2,581 | $804K | Add +0.1% |
| PI Impinj Inc. | 0.21% | 8,811 | $799K | Reduce -0.0% |
| ASH Ashland Inc. | 0.21% | 13,152 | $780K | Add +52.3% |
| CMPR Cimpress PLC | 0.20% | 16,580 | $750K | Add +20.6% |
| CHRW C.H. Robinson Worldwide Inc. | 0.20% | 7,214 | $739K | Reduce -4.7% |
| KEY Keycorp | 0.19% | 45,366 | $725K | Add +6.0% |
| TXN Texas Instruments Inc. | 0.19% | 4,000 | $719K | Add +0.6% |
| INFL Horizon Kinetics Infl Benef | 0.19% | 17,337 | $705K | Reduce -33.5% |
| GM General Motors Co. | 0.19% | 14,947 | $703K | Add +2.1% |
| WM Waste Management Inc. | 0.18% | 2,987 | $692K | Add +0.5% |
| AXP American Express Co. | 0.17% | 2,454 | $660K | Reduce -1.2% |
| IWN iShares Russell 2000 Value E | 0.17% | 4,342 | $656K | No change |
| UNH Unitedhealth Group Inc. | 0.17% | 1,237 | $648K | Add +0.7% |
| IWD iShares Russell 1000 Value E | 0.17% | 3,442 | $648K | No change |
| FANG Diamondback Energy Inc. | 0.16% | 3,846 | $615K | Add +41.5% |
| PFE Pfizer Inc. | 0.16% | 23,484 | $595K | Reduce -3.9% |
| COHR Coherent Corp. | 0.16% | 9,073 | $589K | Add +6.1% |
| OKE Oneok Inc. | 0.16% | 5,907 | $586K | Reduce -0.1% |
| WFC Wells Fargo & Co. | 0.15% | 8,067 | $579K | Add +1.5% |
| NFLX Netflix Inc. | 0.15% | 610 | $569K | Add +3.7% |
| SBAC SBA Communications Corp. | 0.15% | 2,586 | $569K | Add +6.4% |
| PEP Pepsico Inc. | 0.15% | 3,733 | $560K | Reduce -40.4% |
| GLD SPDR Gold Shares | 0.15% | 1,940 | $559K | Add +9.6% |
| HII Huntington Ingalls Industrie | 0.15% | 2,739 | $559K | Add +89.9% |
| DEO Diageo PLC-Sponsored ADR | 0.14% | 5,148 | $539K | Add +51.9% |
| HCA HCA Healthcare Inc. | 0.13% | 1,440 | $498K | Reduce -2.8% |
| IP International Paper Co. | 0.12% | 8,834 | $471K | Add +9.8% |
| NOC Northrop Grumman Corp. | 0.12% | 920 | $471K | Add +1.2% |
| SPOT Spotify Technology SA | 0.12% | 831 | $457K | Add +0.4% |
| COF Capital One Financial Corp. | 0.12% | 2,456 | $440K | New |
Portfolio Sells Q4 2024 → Q1 2025
| TSLA Tesla Inc. | Reduce -2.1% | 2.20% | −1.13 |
| AMZN Amazon.com Inc. | Reduce -0.7% | 8.30% | −0.87 |
| AAPL Apple Inc. | Reduce -2.3% | 8.49% | −0.82 |
| GOOGL Alphabet Inc. Class A | Reduce -0.1% | 1.34% | −0.22 |
| NVDA Nvidia Corp. | Reduce -0.6% | 1.15% | −0.21 |
| RTX RTX Corp. | Reduce -35.2% | 0.46% | −0.13 |
| PI Impinj Inc. | Reduce -0.0% | 0.21% | −0.11 |
| ORCL Oracle Corp. | Reduce -8.2% | 0.44% | −0.10 |
| ENOV Enovis Corp. | Reduce -41.5% | 0.11% | −0.09 |
| PEP Pepsico Inc. | Reduce -40.4% | 0.15% | −0.09 |
| TGT Target Corp. | Reduce -40.1% | 0.08% | −0.08 |
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −0.08 |
| COP Conocophillips | Sold out | 0.00% | −0.08 |
| RPG Invesco S&P 500 Pure Growth | Reduce -1.1% | 1.88% | −0.07 |
| BND Vanguard Total Bond Market | Sold out | 0.00% | −0.06 |
| INFL Horizon Kinetics Infl Benef | Reduce -33.5% | 0.19% | −0.06 |
| NEE Nextera Energy Inc. | Sold out | 0.00% | −0.06 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.06 |
| GOOG Alphabet Inc. Class C | Reduce -0.4% | 0.36% | −0.06 |
| IWP iShares Russell Mid-Cap Grow | Sold out | 0.00% | −0.06 |
| ADBE Adobe Inc. | Reduce -2.5% | 0.42% | −0.06 |
| KLIC Kulicke & Soffa Industries | Sold out | 0.00% | −0.06 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -18.1% | 0.37% | −0.06 |
| PRU Prudential Financial Inc. | Sold out | 0.00% | −0.05 |
| NKE Nike Inc. Class B | Reduce -6.9% | 0.23% | −0.05 |
| XLK SS Technology Select Sector | Reduce -3.3% | 0.40% | −0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -43.9% | 0.06% | −0.04 |
| AVUS Avantis U.S. Equity ETF | Reduce -2.2% | 1.77% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -3.4% | 0.33% | −0.03 |
| ALL Allstate Corp. | Reduce -32.7% | 0.09% | −0.03 |
| ACN Accenture PLC Class A | Reduce -5.3% | 0.22% | −0.03 |
| FTAI Ftai Aviation Ltd. | Reduce -0.2% | 0.08% | −0.02 |
| EXR Extra Space Storage Inc. | Reduce -25.2% | 0.06% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.5% | 1.35% | −0.02 |
| HD Home Depot Inc. | Reduce -1.4% | 0.61% | −0.01 |
| ETN Eaton Corp. PLC | Reduce -6.3% | 0.05% | −0.01 |
| CRM Salesforce Inc. | Reduce -1.4% | 0.06% | −0.01 |
| AXP American Express Co. | Reduce -1.2% | 0.17% | −0.01 |
| IWF iShares Russell 1000 Growth | Reduce -7.7% | 0.07% | −0.01 |
| RLY SS Multi-Asset Real Ret ETF | Reduce -19.2% | 0.08% | −0.01 |
| HPQ HP Inc. | Reduce -1.4% | 0.06% | −0.01 |
| MS Morgan Stanley | Reduce -5.3% | 0.09% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -2.7% | 0.10% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -8.5% | 0.30% | −0.01 |
| WMT Walmart Inc. | Reduce -4.6% | 0.25% | −0.01 |
| DFAU Dimensional US Core Equity M | Reduce -1.4% | 0.36% | −0.01 |
| PFE Pfizer Inc. | Reduce -3.9% | 0.16% | −0.01 |
| ISRG Intuitive Surgical Inc. | Reduce -7.8% | 0.06% | −0.00 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -5.0% | 0.08% | −0.00 |
| BA The Boeing Co. | Reduce -6.5% | 0.06% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| PHYS Sprott Physical Gold Trust | Add +1.9% | 6.51% | +1.42 |
| QLTY GMO U.S. Quality ETF | Add +10.7% | 4.47% | +0.54 |
| AIG American International Group | Add +8.3% | 0.49% | +0.13 |
| MDT Medtronic PLC | Add +23.8% | 0.38% | +0.12 |
| JMST JPM Ultra-Short Muni Income | Add +0.7% | 2.00% | +0.12 |
| COF Capital One Financial Corp. | New | 0.12% | +0.12 |
| CL Colgate-Palmolive Co. | New | 0.11% | +0.11 |
| UL Unilever PLC | Add +8.7% | 0.53% | +0.09 |
| HII Huntington Ingalls Industrie | Add +89.9% | 0.15% | +0.08 |
| ASML ASML Holding NV-NY Reg SHS | Add +47.7% | 0.22% | +0.07 |
| ABBV Abbvie Inc. | Add +14.8% | 0.22% | +0.07 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +29.4% | 0.72% | +0.06 |
| TRV The Travelers Cos Inc. | New | 0.06% | +0.06 |
| MOAT Vaneck Morningstar Wide Moat | New | 0.06% | +0.06 |
| JVAL JPMorgan US Value Factor ETF | New | 0.06% | +0.06 |
| ESGD iShares Trust iShares ESG Aw | New | 0.05% | +0.05 |
| VZ Verizon Communications Inc. | New | 0.05% | +0.05 |
| ASH Ashland Inc. | Add +52.3% | 0.21% | +0.05 |
| FANG Diamondback Energy Inc. | Add +41.5% | 0.16% | +0.05 |
| AMGN Amgen Inc. | Add +0.1% | 0.21% | +0.04 |
| GLD SPDR Gold Shares | Add +9.6% | 0.15% | +0.04 |
| SSNC Ss&c Technologies Holdings | Add +2.0% | 0.26% | +0.04 |
| GD General Dynamics Corp. | Add +5.8% | 0.27% | +0.04 |
| DEO Diageo PLC-Sponsored ADR | Add +51.9% | 0.14% | +0.03 |
| WM Waste Management Inc. | Add +0.5% | 0.18% | +0.03 |
| UNP Union Pacific Corp. | Add +6.4% | 0.23% | +0.03 |
| SPOT Spotify Technology SA | Add +0.4% | 0.12% | +0.03 |
| META Meta Platforms Inc. Class A | Add +1.0% | 0.59% | +0.03 |
| SBAC SBA Communications Corp. | Add +6.4% | 0.15% | +0.03 |
| SO The Southern Co. | Add +12.0% | 0.10% | +0.02 |
| VXUS Vanguard Total Intl Stock | Add +0.3% | 0.25% | +0.02 |
| MCD McDonald's Corp. | Add +12.7% | 0.10% | +0.02 |
| RRR Red Rock Resorts Inc. Class A | Add +8.6% | 0.29% | +0.02 |
| NFLX Netflix Inc. | Add +3.7% | 0.15% | +0.02 |
| NOC Northrop Grumman Corp. | Add +1.2% | 0.12% | +0.02 |
| PGR Progressive Corp. | Add +1.3% | 0.08% | +0.02 |
| LULU Lululemon Athletica Inc. | Add +59.0% | 0.08% | +0.02 |
| IP International Paper Co. | Add +9.8% | 0.12% | +0.02 |
| HON Honeywell International Inc. | Add +28.7% | 0.07% | +0.02 |
| UNH Unitedhealth Group Inc. | Add +0.7% | 0.17% | +0.02 |
| WFC Wells Fargo & Co. | Add +1.5% | 0.15% | +0.01 |
| DUK Duke Energy Corp. | Add +1.2% | 0.07% | +0.01 |
| MMM 3M Co. | Add +0.7% | 0.07% | +0.01 |
| MPC Marathon Petroleum Corp. | Add +0.1% | 0.10% | +0.01 |
| KMX Carmax Inc. | Add +4.1% | 0.22% | +0.01 |
| KEY Keycorp | Add +6.0% | 0.19% | +0.01 |
| BBCP Concrete Pumping Holdings Inc. | Add +48.6% | 0.03% | +0.01 |
| TMO Thermo Fisher Scientific Inc. | Add +9.6% | 0.07% | +0.01 |
| RQI Cohen & Steers Qual Inc. RLTY | Add +1.9% | 0.07% | +0.01 |
| SCHW Schwab (charles) Corp. | Add +0.1% | 0.06% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 206 | $527.8M | AAPL, MSFT, QLTY, AMZN, PHYS |
| Q1 2026 | 199 | $501.3M | AAPL, MSFT, PHYS, QLTY, AMZN |
| Q4 2025 | 188 | $506.4M | AAPL, MSFT, AMZN, PHYS, COST |
| Q3 2025 | 172 | $470.3M | MSFT, AAPL, AMZN, PHYS, COST |
| Q2 2025 | 163 | $428.3M | MSFT, AAPL, AMZN, COST, PHYS |
| Q1 2025 | 162 | $377.4M | MSFT, AAPL, AMZN, COST, PHYS |
| Q4 2024 | 162 | $396.8M | MSFT, AAPL, AMZN, COST, PHYS |
| Q3 2024 | 160 | $386.3M | MSFT, AAPL, AMZN, COST, PHYS |
| Q2 2024 | 150 | $361.7M | MSFT, AMZN, AAPL, COST, PHYS |
| Q1 2024 | 152 | $343.4M | MSFT, AMZN, COST, AAPL, PHYS |